372 River Street, Woonsocket, RI 02895

Local realty services provided by:EMPIRE REAL ESTATE GROUP ERA POWERED
372 River Street,Woonsocket, RI 02895
$629,000
  • 4 Beds
  • 4 Baths
  • 5,208 sq. ft.
  • Multi-family
  • Active
Listed by:don martone
Office:bond brokerage
MLS#:1384927
Source:RI_STATEWIDE

Price summary

  • Price:$629,000
  • Price per sq. ft.:$120.78

About this home

Seize this excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on this high-yield investment schedule your showing today! Can also be sold as a package MLS # 1388734

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Home facts

  • Year built:1900
  • Listing Id #:1384927
  • Added:79 day(s) ago
  • Updated:July 22, 2025 at 01:51 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,208 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1900
  • Building area:5,208 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$629,000
  • Price per sq. ft.:$120.78
  • Tax amount:$6,685 (2025)
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EMPIRE REAL ESTATE GROUP ERA POWERED are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: July 22, 2025